Fashion Ralph Lauren

  • Nov 26- Cyber Monday was on track to bring in a record $7.8 billion in U.S. online sales, but will also test the limits of retailers' e-commerce operations as millions of shoppers scour for steep discounts on everything from Lego sets to big-screen TVs. The much-hyped marketing event is expected to bring in more than $3 billion in online, e-commerce sales volume,...

  • Nov 26- Cyber Monday was on track to bring in a record $7.8 billion in U.S. online sales, but will also test the limits of retailers' e-commerce operations as millions of shoppers scour for steep discounts on everything from Lego sets to big-screen TVs. Retailers have logged $531 million in online sales as of the latest tally and is set to hit $7.8 billion in sales,...

  • The much-hyped marketing day is expected to be the largest U.S. online shopping day ever, generating $7.8 billion in sales, according to research firm Adobe Analytics, which tracks transactions at most of the top U.S. online retailers. On Black Friday, websites of clothing retailers J. Crew and Lululemon Athletica Inc and home improvement chain Lowe's Cos Inc...

  • L Brands said on Monday it hired John Mehas from lifestyle brand Tory Burch as CEO of Victoria's Secret to replace Jan Singer, effective early 2019.. Mehas is a retail industry and merchandising veteran who has previous stints at Polo Ralph Lauren's Club Monaco, Gap and Macy's Bloomingdales. L Brands has said it would pursue options for its money-losing La Senza...

  • L Brands appointed John Mehas as the CEO of Victoria's Secret, replacing Jan Singer. The company also raised its full-year 2018 profit forecast range to $2.60 to $2.80 per share, from $2.45 to $2.70, its first raise after cutting in the previous two quarters. Excluding items, L Brands earned 16 cents per share, 1 cent above Wall Street estimates.

  • Nov 6- Ralph Lauren expects higher tariff and freight-related costs to hit profits in the second half of its fiscal year, the upscale fashion group said on Tuesday, overshadowing upbeat quarterly sales and driving its shares down 6 percent. In response, most companies including Ralph Lauren are offering fewer discounts to shield profits.

  • Nov 6- Ralph Lauren returned to growth in North America in its second fiscal quarter as a strategy to intensify marketing on social media bore fruit, also helping the upscale fashion group top Wall Street revenue estimates on Tuesday. Net income rose to $170.3 million or $2.07 per share in the second quarter ended Sept. 29, from $143.8 million or $1.75 per share a...

  • Nov 6- Upscale fashion group Ralph Lauren Corp topped Wall Street estimates for quarterly revenue on Tuesday, as a strategy to intensify marketing on social media and open more stores in Asia bore fruit. The New York- based company's net income rose to $170.3 million or $2.07 per share in the second quarter ended Sept. 29, from $143.8 million or $1.75 per share a year...

  • COPENHAGEN, Oct 9- Investors in Pandora, the world's biggest jewellery maker, need to be patient as it adapts its trademark charm bracelets for today's more simple tastes while expanding in areas such as necklaces and rings, its design head told Reuters. Chief Creative Officer Stephen Fairchild is charged with speeding up innovation at the Danish company, which...

  • Aug 29- Apparel maker PVH Corp reported a 38 percent rise in second-quarter profit on Wednesday and raised its earnings forecasts for the year, helped by higher sales of its Calvin Klein and Tommy Hilfiger brands. The company now expects earnings of $9.20 to $9.25 per share, compared with its previous forecast of $9.05 to $9.15 per share. PVH said Calvin Klein's...

  • Aug 14- Coach handbag maker Tapestry Inc forecast full-year sales above analysts' expectations on Tuesday after reporting a 31 percent jump in fourth-quarter revenue on strong demand for Kate Spade bags, sending its shares up nearly 5 percent. Kate Spade's colorful, quirky bags and satchels have been a hit with millennials, helping Tapestry broaden the reach...

  • The New York- based fashion company, like peers Tapestry Inc and Calvin Klein-owner PVH Corp, has pulled heavily discounted products from department store shelves to regain its premium brand status. The company boosted spending on marketing by about 20 percent mainly for its Spring Polo campaign that features its iconic white Polo shirt, helping the men's...

  • *Archer Daniels, Arconic, Ralph Lauren rise after results. July 31- Wall Street was set to open higher on Tuesday as technology stocks looked to rebound after a widespread sell-off in the prior session and as economic data showed U.S. consumer spending rose solidly in June. "It's a technical reaction, as technology stocks have sold off quite sharply," said Peter...

  • The New York- based company, like peers Tapestry Inc and Calvin Klein-owner PVH Corp, has pulled products off department store shelves, where they were discounted heavily, to regain its status as a premium brand. Net income jumped to $109 million, or $1.31 per share, in the three months ended June 30, from $59.5 million, or 72 cents per share, a year earlier, also helped by...

  • July 31- Ralph Lauren Corp on Tuesday posted a quarterly profit that soared 83 percent, as the luxury apparel maker sold more products at full-price and benefited from lower taxes. The New York- based company's net income jumped to $109 million, or $1.31 per share, in the first quarter ended June 30, from $59.5 million, or 72 cents per share, a year earlier.

  • Unusual activity in RL

    Pete Najarian, OptionMonster.com co-founder, discusses what he says is unusual activity in Ralph Lauren following the Macy's slide.

  • Larsen right for Lauren?

    Jan Kniffen, CEO, J. Rogers Kniffen Worldwide Enterprises, discusses what Ralph Lauren's stepping aside means for the company.

  • Ralph Lauren steps down. Now what?

    Ralph Lauren shares have popped on news that Ralph Lauren is stepping down from running the company. Why the markets are so happy with the new CEO, with CNBC's Courtney Reagan.

  • Gap loses Stefan Larsson to Ralph Lauren

    Telsey Group CEO Dana Telsey, weighs in on Ralph Lauren hiring Stefan Larsson to lead his company.

  • Ricki Lauren, Ralph Lauren and Dylan Lauren, left to right, attend a reception at Marion's Continental in New York, April 26, 2008.

    Designer Ralph Lauren, who built a fashion powerhouse on luxury designs inspired by country club chic, announced Tuesday he is stepping down as CEO.